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Bombay High Court Partly Allows Appeals Against Reference Court's Compensation Award in Land Acquisition Cases. Enhancement of Compensation for Irrigated Agricultural Lands Based on Comparable Sale Instances under Land Acquisition Act, 1894.

The judgment arose from a group of first appeals filed by land owners challenging the compensation awarded by the Reference Court for agricultural lan...

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Karnataka High Court Adjudicates upon Writ Petitions Challenging Re-Assessment Proceedings for Assessment Years 2005-06 to 2007-08. Court Analyzes Whether Notices are Barred by Limitation and Whether Assessee Failed to Disclose Material Facts.

The petitioner, EIT Services India Pvt. Ltd. (formerly Hewlett Packard Globalsoft Private Limited), a company engaged in export of software services a...

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Bombay High Court Hears Writ Petition Challenging Attachment and Proposed Sale of Residential Bungalow under Income Tax Act, 1961, on Ground of Limitation. Petitioner Contends That Tax Recovery Officer's Action Is Time-Barred Under Rule 68B of Second Schedule.

The petitioner, a 60-year-old Indian citizen, filed a writ petition under Article 226 of the Constitution of India seeking to quash and set aside the ...

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High Court of Karnataka Adjudicates Multiple Appeals on Land Acquisition Compensation for Minor Irrigation Tank. Reference Court's Enhanced Market Value Challenged by Both State and Land Losers.

The High Court of Karnataka Kalaburagi Bench heard a conglomeration of appeals filed under Section 54(1) of the Land Acquisition Act, 1894, and cross-...

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Bombay High Court Dismisses Revenue's Challenge to Settlement Commission Order in Income Tax Case. ITSC's order under Section 245D(4) of Income Tax Act, 1961 upheld as valid and not perverse.

The Commissioner of Income Tax, Central – II, Mumbai, filed a writ petition challenging an order dated 31st July 2013 passed by the Income Tax Settl...

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Supreme Court Allows Insurer's Appeal in Insurance Claim Dispute Over Depreciation Rate for Fire-Damaged Machinery. Court Holds That Insured's Failure to Reinstate Damaged Property Within Extended Time Renders Reinstatement Value Clause Inoperative, Entitling Only Market Value on Depreciation Basis.

The dispute arose from a fire accident on 12.12.1998 that destroyed the '20 Hi Cold Rolling Mill' of the insured, M/s Bhushan Steel and Strips Ltd (la...

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Bombay High Court Partly Allows Appeal by Acquiring Body in Land Acquisition Case — Reduces Compensation by Applying Deduction for Development Charges. Court Enhances Multiplier for Irrigated Land from 8 to 10, Resulting in Modified Compensation Under Land Acquisition Act, 1894.

The case pertains to an appeal by the Special Land Acquisition Officer and Executive Engineer (acquiring body) against the judgment and order dated 19...

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Bombay High Court Partially Allows Appeal in Land Acquisition Compensation Case — Market Value Enhanced to Rs. 15,000 per Hectare. Court Relies on Comparable Sale Deeds and Potentiality of Land Under Land Acquisition Act, 1894.

The appellant, Satish Gulabchand Malpani, owned agricultural land in village Jamnaik, Yavatmal. The respondents acquired 8 acres and 34 gunthas from S...